Washmen Digital Laundry Service Gets $400,000 Investment
Washmen, a Uae-based laundry and dry cleaning app, has received $400,000 in seed funding from Ali Dayekh, a Saudi angel investor. The service picks up and delivers laundry to customers’ door, at their convenience. The startup is a graduate of Flat6labs Abu Dhabi. After it launched its app in September 2015, it has been seeing consistent double digit growth week-on-week, with a 90% customer return rate. Washmen plans to use the investment to further develop its service. In 2015, 2 other digital laundry services were launched in the UAE: Getlaundry and Washplus. Both these services operate based on a similar model to Washmen, and Washplus offers its customers the possibility of tracking their laundry. The first such business in the UAE was Laundrybox, established in 2012. So far, the startup has raised $1.3 million from private investors, and another $1.4 million from Al Zarooni Emirates Investments (ZEI). Laundrybox proposes smart lockers for laundry pickups and dropoffs, and currently serves 7,000 customers.